Daily Current Affairs : 22nd May 2020 | Daily GK update Quiz

Daily Current Affairs 22nd May 2020 Quiz:

Daily Current Affairs quiz, Daily gk updates and Current affairs is playing a major role in any competitive exam. so here we are providing the current affairs quiz on daily basis for Bank, SSC, Railway and Other Government Competitive Examinations.

Q.1. Which state’s Chief Minister has inaugurated ‘Everybody will get employment’ scheme?

किस राज्य के मुख्यमंत्री ने “एवरीबॉडी वील गेट एम्प्लॉयमेंट” योजना का उद्घाटन किया है?

(a) Telangana / तेलंगाना

(b) Madhya Pradesh / मध्य प्रदेश

(c) Karnataka / कर्नाटक

(d) Assam / असम

(e) Odisha / ओडिशा

Answer & Explanation

Exp. In Madhya Pradesh, Chief Minister Shivraj Singh Chouhan will inaugurate the ‘Everybody will get employment’ scheme on 22nd May through video conferencing.  Under this scheme, MNREGA job cards will be distributed to the labourers.

Aims: The scheme aims to provide employment to migrant labourers and those labourers who have gone out of the state in search of employment, in their village and gram Panchayat area itself.

Q.2. How much interim relief fund has been announced by PM Modi for West Bengal along with Rs 500 cr fund for Oddisha?

ओडिशा के लिए 500 करोड़ रुपये के साथ पश्चिम बंगाल के लिए पीएम मोदी ने कितने अंतरिम राहत कोष की घोषणा की है?

(a) ₹1000 crore / ₹1000 करोड़

(b) ₹900 crore / ₹900 करोड़

(c) ₹800 crore / ₹800 करोड़

(d) ₹700 crore / ₹700 करोड़

(e) ₹600 crore / ₹600 करोड़

Answer & Explanation

Exp. Prime Minister Narendra Modi announced an advance interim assistance of Rs 1,000 crore for cyclone-hit West Bengal on 22nd May and announced a relief package of Rs 500 crore for cyclone-hit Odisha. The announcement came soon after he undertook an aerial survey of the state to review the aftermath.

Q.3. In which city ‘Tatpar’ scheme has been launched to transport migrant workers?

प्रवासी श्रमिकों के परिवहन के लिए किस शहर में तत्परयोजना शुरू की गई है?

(a) Leh / लेह

(b) Varanasi / वाराणसी  

(c) Ranchi / रांची

(d) Lucknow /लखनऊ

(e) Patna / पटना

Answer & Explanation

Exp. ‘Tatpar’ programme was launched by the Ranchi district administration to ease their tiresome journey on foot.

Aims: Under the programme, officials collect information about those walking on national highways or on any other road to provide them transport facilities.

Q.4. Central government has recently approved procurement of how many defence items from local suppliers to boost “Make in India” initiative?

केंद्र सरकार ने हाल ही में “मेक इन इंडिया” पहल को बढ़ावा देने के लिए स्थानीय आपूर्तिकर्ताओं से कितने रक्षा वस्तुओं की खरीद को मंजूरी दी है?

(a) 15

(b) 18

(c) 20

(d) 26

(e) 31

Answer & Explanation

Exp. The Central Government has issued Public Procurement to encourage ‘Make in India’ and to promote manufacturing and production of goods and services in India. Under this order, Department of Defence Production (DDP), Ministry of Defence has so far notified 127 items where purchase preference is given to local suppliers as per PPP-MII 2017.

In order to further encourage procurement from local suppliers, 26 items out of 127 already notified and henceforth, procuring entities shall procure these items only from local suppliers, irrespective of purchase value, provided that the local suppliers meet the Minimum Local Content (MLC) as prescribed for each item.

Q.5. With which of the following country, India has signed a pact to operationalise 5 more ports of call and 2 new routes?

निम्नलिखित में से किस देश के साथ भारत ने 5 और पोर्ट्स ऑफ़ कॉल और 2 नए मार्गों के संचालन के लिए एक समझौते पर हस्ताक्षर किए हैं?

(a) Pakistan / पाकिस्तान

(b) China / चीन

(c) Bangladesh / बांग्लादेश

(d) Sri Lanka / श्री लंका

(e) Afghanistan / अफ़ग़ानिस्तान

Answer & Explanation

Exp. India and Bangladesh on 20th May signed an agreement to operationalise five new ports of call and two new protocol routes to boost the bilateral trade.

High Commissioner of India in Bangladesh, Riva Ganguly Das, and Bangladesh Shipping Secretary Mohammad Mezbah Uddin Chowdhury signed the 2nd Addendum to the Protocol on Inland Water Transit and Trade in Dhaka on Wednesday, a release said.

India and Bangladesh during Standing Committee on the Protocol and Shipping Secretary-level talks in October 2018 and December 2019 had decided to extend protocol routes, include new routes and increase ports of call.

Q.6. Which of the following organization and Airtel Africa has announced partnership to support children and families affected by COVID-19?

निम्नलिखित में से किस संगठन और एयरटेल अफ्रीका ने COVID -19 से प्रभावित बच्चों और परिवारों को समर्थन देने के लिए साझेदारी की घोषणा की है?

(a) United Nations Development Programme / संयुक्त राष्ट्र विकास कार्यक्रम

(b) World Health Organization / विश्व स्वास्थ्य संगठन

(c) United Nations Children’s Fund / संयुक्त राष्ट्र बाल निधि

(d) United Nations Human Rights Council / संयुक्त राष्ट्र मानवाधिकार परिषद

(e) World Bank / विश्व बैंक

Answer & Explanation

Exp. UNICEF (United Nations Children’s Fund_ announced a new partnership with Airtel Africa aimed at providing children with access to remote learning and enable access to cash assistance for their families via mobile cash transfers.

Under this partnership, UNICEF and Airtel Africa will use mobile technology to benefit an estimated 133 million school age children currently affected by school closures in 13 countries across sub-Saharan Africa during the COVID-19 pandemic.

Q.7. The finance ministry has exempted companies involved in only B2B transactions and with a turnover of over ________________, from using only BHIM, RuPay for accepting payments.

वित्त मंत्रालय ने केवल B2B लेनदेन और ________________ से अधिक के टर्नओवर वाली कंपनियों को भुगतान स्वीकार करने के लिए केवल BHIM, RuPay के उपयोग से छूट दी है।

(a) ₹10 crore / ₹10 करोड़

(b) ₹20 crore / ₹20 करोड़

(c) ₹25 crore / ₹25 करोड़

(d) ₹50 crore / ₹50 करोड़

(e) ₹75 crore / ₹75 करोड़

Answer & Explanation

Exp. The finance ministry on 20th May exempted companies with a turnover of over ₹50 crore and involved in only B2B transactions from the requirement of accepting payments only by electronic modes like RuPay or BHIM-UPI.

“It is clarified that the provisions of Section 269SU of the Act shall not be applicable to a specified person having only B2B transactions (i.e. no transaction with retail customer/consumer) if at least 95% of aggregate of all amounts received during the previous year, including amount received for sales, turnover or gross receipts, are by any mode other than cash.

Q.8. Which of the following company’s digital e-commerce platform ‘OrderMe’ has started with 10K daily transaction?

निम्नलिखित में से किस कंपनी के डिजिटल ई-कॉमर्स प्लेटफॉर्म ऑर्डर मीने 10 हज़ार दैनिक लेनदेन के साथ शुरू किया है?

(a) Jio / जियो

(b) Patanjali / पतंजलि

(c) Dabur / डाबर

(d) Himalaya / हिमालया

(e) Amul / अमूल

Answer & Explanation

Exp. Swami Ramdev’s Patanjali foray into e-commerce through its app ‘OrderMe’ has started with average 10,000 daily transaction. The app went live last week. “During first four days, we have got tremendous response with over 10,000 transactions on a daily basis.

The app derives its name from sacred sound and a spiritual symbol in Indian religions, ‘OM’ (O for Order and M for Me). “Since contact less delivery at door is becoming new reality, we expect this new delivery mechanism will help in achieving that.

Q.9. Which company has signed an MoU with NTPC to set up joint venture for renewable energy business?

अक्षय ऊर्जा व्यवसाय के लिए संयुक्त उद्यम स्थापित करने के लिए किस कंपनी ने NTPC के साथ एक समझौता ज्ञापन पर हस्ताक्षर किए हैं?

(a) Hindustan Petroleum Corporation Limited / हिंदुस्तान पेट्रोलियम कॉर्पोरेशन लिमिटेड

(b) Oil India Limited / ऑयल इंडिया लिमिटेड

(c) Indian Oil Corporation / इंडियन ऑयल कॉर्पोरेशन

(d) Oil and Natural Gas Corporation / तेल और प्राकृतिक गैस निगम

(e) Bharat Petroleum / भारत पेट्रोलियम

Answer & Explanation

Exp. India’s top oil and gas producer ONGC and country’s biggest electricity generator NTPC have signed a preliminary agreement to set up a joint venture company for renewable energy projects.

Oil and Natural Gas Corp (ONGC) and NTPC Ltd “entered into a memorandum of understanding (MoU) on May 21, 2020 in New Delhi to formalize this arrangement.

The MoU will enable both companies to achieve their respective targets in renewable energy business.

Q.10. Which e-commerce company has partnered with Vishal Mega Mart for Home Delivery of essentials in 26 cities?

26 शहरों में जरुरी सामानों की होम डिलीवरी के लिए विशाल मेगा मार्ट के साथ किस ई-कॉमर्स कंपनी ने भागीदारी की है?

(a) Flipkart / फिल्प्कार्ट

(b) Paytm / पेटीऍम

(c) eBay / ईबे

(d) Amazon / अमेज़न

(e) Walmart / वॉलमार्ट

Answer & Explanation

Exp. E-commerce marketplace Flipkart on 20th May announced a partnership with Vishal Mega Mart retail store chain to facilitate the delivery of essentials at consumers’ doorstep in 26 cities across the country.

The number will be further scaled to 240-plus cities in the next four weeks. Under the partnership, consumers across over 365 Vishal Mega Mart stores will be able to order products and get them delivered at their doorstep. The products will be available as per government guidelines across all zones. Once a consumer places an order through the Flipkart app, delivery executives will collect the products from the nearest Vishal store and deliver it at the customer’s doorstep safely.

Q.11. For how much percent stake of Reliance’s Jio platforms, KKR has invested Rs 11,367 crore?

रिलायंस के Jio प्लेटफॉर्म की कितनी प्रतिशत हिस्सेदारी के लिए KKR ने 11,367 करोड़ रुपये का निवेश किया है?

(a) 1.15 %

(b) 1.34 %

(c) 2.32 %

(d) 5.16 %

 (e) 9.99 %

Answer & Explanation

Exp. Private equity firm KKR is set to invest Rs 11367 crore in Jio Platforms for a 2.32% stake. This will be the fifth investment in the Reliance Industries Ltd (RIL) business in rapid succession.

This transaction values Jio Platforms at an equity value of Rs4.91 lakh crore and an enterprise value of Rs5.16 lakh crore. Jio Platforms will get a combined Rs78,562 crore from the five investments.

General Atlantic (1.34% stake) for Rs6,598.38 crore, Vista Equity Partners (2.32% stake) for Rs11,367 crore, US private equity firm Silver Lake (1.15%)for Rs5,655.75 crore, Facebook (9.99% stake) for $5.7 billion (43,574 crore).

Q.12. ICRA has sharply cut the India’s GDP growth forecast for FY21 at ________________________.

ICRA ने वित्त वर्ष 21 के लिए ________________________ पर भारत के GDP विकास के अनुमान में तेजी से कटौती की है।

(a) -5.0%

(b) -4.0%

(c) -3.5%

(d) -2.3%

(e) -1.6%

Answer & Explanation

Exp. ICRA Limited (formerly Investment Information and Credit Rating Agency) has sharply reduced the India’s FY21 (Fiscal Year 2020-21) growth forecast to -5 % from 2% growth predicted earlier.

On April 7, the ratings agency predicted that India’s economy is likely to witness a sharp contraction of 4.5 per cent during Q4 FY2020 and is expected to gradually recover to post a GDP growth of just 2 per cent in FY2021.

Q.13. International Day for Biological Diversity is observed on ______________ each year.

प्रत्येक वर्ष ______________ को जैविक विविधता के लिए अंतर्राष्ट्रीय दिवस मनाया जाता है।

(a) 24 May / 24 मई

(b) 23 May / 23 मई

(c) 22 May / 22 मई

(d) 21 May / 21 मई

(e) 20 May / 20 मई

Answer & Explanation

Exp. International Day for Biological Diversity is observed on May 22 every year. Observed by the UN, it focuses on protecting biodiversity and creates awareness about its issues. Which emphasizes on hope, solidarity and the importance of working together at all levels to build a future of life in harmony with nature.

Q.14. What is the theme for International Day for Biological Diversity 2020?

जैविक विविधता  के लिए अंतर्राष्ट्रीय दिवस 2020 के लिए विषय क्या है?

(a) ‘Celebrating 25 years of Action for Biodiversity’

(b) ‘Save the nature’

(c) ‘Biodiversity and Sustainable Tourism’

(d) ‘Our Biodiversity, Our Food, Our Health’

(e) ‘Our solutions are in nature’

Answer & Explanation

Exp. Theme 2020: ‘Our solutions are in nature’

Q.15. The current Policy Repo Rate after being reduced by 40 basis points is ___________.

40 आधार अंकों से कम होने के बाद वर्तमान पॉलिसी रेपो दर ___________ है।

(a) 3.20%

(b) 3.50%

(c) 3.75%

(d) 4.00%

(e) 4.40%

Answer & Explanation

Exp. Policy repo rate cut by 40 basis points – from 4.4% to 4%

Q.16. The current Reverse repo rate is ___________ after being reduced by 40 basis points.

40 आधार अंकों की कमी के बाद वर्तमान रिवर्स रेपो दर ___________ है।

(a) 3.35%

(b) 3.75%

(c) 4.00%

(d) 4.25%

(e) 4.40%

Answer & Explanation

Exp. Policy Reverse repo rate cut by 40 basis points – from 3.75% to 3.35%.

Q.17. RBI has injected ____________ of GDP into the economy since the February 2020 monetary policy meeting to tackle the liquidity situation (Extra money).

आरबीआई ने फरवरी 2020 की मौद्रिक नीति बैठक के बाद अब तक तरलता की स्थिति (अतिरिक्त धन) से निपटने के लिए जीडीपी के ____________ को अर्थव्यवस्था में इंजेक्ट किया है।

(a) 3.20%

(b) 3.35%

(c) 3.50%

(d) 3.75%

(e) 4.00%

Answer & Explanation

Exp. RBI has injected funds amounting to 3.2% of GDP into the economy since the February 2020 monetary policy meeting to tackle the liquidity situation (Extra money).

Q.18. The current Marginal Standing Facility (MSF) Rate and Bank Rate is ______________.

वर्तमान सीमांत स्थायी सुविधा (MSF) दर और बैंक दर ______________ है।

(a) 3.50%

(b) 4.00%

(c) 4.25%

(d) 4.40%

(e) 4.65%

Answer & Explanation

Exp. Marginal Standing Facility (MSF) Rate & Bank Rate: 4.25%.

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